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News for January 2008

2008-01-30 Polish Firm Buys Colway Brand
The Colway brand and equipment owned by County Durham-based C-Tyres have been bought by Polish retread company, Mark Gum.
2008-01-30 Deal Signed – Kumho Coming to America
In ceremonies yesterday, Kumho Tire Co. formally signed an agreement to build a $225 million tire manufacturing facility on a 127-acre site in Sofkee Industrial Park in Macon, Ga.
2008-01-30 Michelin Gets OE on Russian Toyotas
Groupe Michelin will be the OE tire supplier for Toyota Camry sedans produced at Toyota’s new plant near St. Petersburg, Russia.
2008-01-30 Analysts: High Raw Material Prices Protect Tyre Manufacturer Margins
Following Bridgestone/Firestone’s recent decision to increase prices in North America, Deutsche Bank analysts have observed that high raw material prices are allowing the leading players to indirectly influence market prices.
2008-01-29 Kumho U.S. Plant Signing Today
Asia Pulse reported today that Kumho Tire Co. has signed an investment contract to build a new passenger/light truck tire plant near Macon, Ga.
2008-01-29 Michelin to Increase its Share in Tigar Tyres by 30%
According to a report printed in French newspaper Les Echos, Michelin will gradually increase its share in Serbia’s Tigar Tyres from 64% to 94%.
2008-01-29 Conti Boosting Matador Plant Production
Continental AG plans to invest some $37 million to expand production at its plant in Slovakia.
2008-01-29 BFNAT Takes Increase Mar. 1
Bridgestone/Firestone North American Tire is boosting prices on its Bridgestone, Firestone and associate brand lines by up to 8%.
2008-01-29 Hankook Claims to be “Fastest Growing” Manufacturer
Hankook Tire claims it was, in terms of sales, the world’s fastest growing tyre manufacturer in 2007.
2008-01-29 MazdaSpeed Teams up with BP fnd Yokohama
MAZDASPEED Motorsports Development used the American Le Mans Series (ALMS) Winter Test to unveil their 2008 colors, reflecting the addition of two new partners. BP and Yokohama Tire Corporation have joined the B-K Motorsports Lola B07/46-Mazda MZR-R LMP2 team with multi-year partnerships.
2008-01-28 Bridgestone Hikes Prices, Looks for Fast China Growth
Bridgestone Corp. plans to expand its retail presence in China even as it announced a round of prices increases in that country.
2008-01-28 Double Coin to Open New Truck Tyre Factory
Double Coin Holdings Co. plans to open a new truck tyre factory in the final quarter of 2008.
2008-01-28 Hakkapeliitta Truck E Points to New Truck Tyre Range
Nokian Tyres introduced the Hakkapeliitta Truck E a new tyre for trucks and buses, designed for the most demanding winter conditions.
2008-01-28 Tyrexpo Asia 2009 Opens for Business 6 Months Early
Tyrexpo Asia 2009, ECI International, have distributed more than 10,000 thousand brochures about the seventh staging of the popular tyre and equipment show.
2008-01-25 Goodyear Wants Zero Waste to Landfills
Goodyear launched a new initiative to completely eliminate shipping its tire plant waste to landfills.
2008-01-25 New Super Wide from BFNAT
Bridgestone/Firestone North American Tire has launched a new super wide on/off highway radial. The Bridgestone L315, according to BFNAT, was “engineered for long mileage, superior traction and outstanding flotation.”
2008-01-25 66 Million Additional Euros Earmarked for Nokian’s Russian Facility
Russia’s AK&M Information Agency reports that investment in the second stage of the Nokian Tyres facility in Vsevolozhsk, Russia, will this year be increased by 66 million euros.
2008-01-25 Bridgestone Valencia test summary
The Valencia race circuit in Spain played host to Bridgestone's medium compound Potenza for ten of Formula One's eleven teams for the second test of 2008 on January 22-24.
2008-01-24 The new, studless alternative for Nordic winter driving: Nokian Hakkapeliitta R
Nokian Tyres offers the widest range of winter tyre sizes on the market: 44 sizes ranging from 14” to 20”. The Nokian Hakkapeliitta R will be available in tyre outlets in the autumn of 2008. The key market areas for the tyre are the Nordic countries and Russia.
2008-01-24 Pirelli Reveals New WRC Winter Tyres
Pirelli’s tyre range for this year’s FIA World Rally Championship has been completed with the addition of two new winter tyres.
2008-01-24 Goodyear Plans Production Cutback in France Due to Lack of Competitiveness
The Goodyear Tire & Rubber Company today announced that its European Union business unit is planning to reduce tire production at its two factories in Amiens, France, because their costs are not competitive.
2008-01-24 Nokian Hakkapeliitta R SUV – new friction tyre for safe and enjoyable SUV driving in the winter
Retail sales of Nokian Hakkapeliitta R SUV tyres will begin in the Nordic countries, Russia and other major market regions of Nokian Tyres in the spring of 2008.
2008-01-24 2007 Online Tire Sales Exceed Forecast
TireTrader, the innovative e-commerce suite offering developed by Signal Extraprise Corp. that simplifies ordering, streamlines the distribution network, reduces costs, and provides competitive advantage, processed over $113 million in sales during 2007.
2008-01-23 Van Man’s Best Friend!
BFGoodrich has launched its new Activan range of van tyres that have been specifically designed to cope with the arduous operating conditions faced by tyres fitted to these vehicles.
2008-01-23 Yokohama Sues Hangzhou Zhongee
Bloomberg has reported that Yokohama Rubber Co. has sued China's Hangzhou Zhongee Rubber Co., accusing it of copying a patented tread design.
2008-01-23 Hankook Sales Up, Ordinary Income Down in 2007
Hankook Tire reports positive sales and operating income results for 2007. The tyremaker has recorded sales of 2.253 trillion won (£1.2 billion), an increase of 9.2% on its 2006 results.
2008-01-22 Dunlop India Hopeful for Fresh OE Agreements
Dunlop India is reported to be seeking fresh OE deals. According to the Times of India, the Ruia Group has entered into talks with India’s largest commercial vehicle maker, Tata Motors, regarding a truck tyre deal.
2008-01-22 Bridgestone to Increase PCR Capacity in Thailand
Bridgestone Corp. has announced that its subsidiary in Thailand, Thai Bridgestone Co. Ltd., will boost capacity at its Nong Khae passenger car tyre facility.
2008-01-22 Reports: EU Legislation Will Kill Budget Tyres
New EU regulations could lead to “type approval” of tyre specifications on CO2 emissions, effectively pushing out economy options that perform lower than the premium brands in this respect.
2008-01-21 Michelin: OE Customers Prepared to Pay Extra for Green Tyres
Analysts from the Societe Generale report that Michelin representatives have, during a Roadshow event, expressed the opinion that OE manufacturers would be prepared to spend extra for environmentally friendly “green tyres.”
2008-01-21 Lanxess India to Begin Tyre Chemical Production in 2010
Specialty chemicals group Lanxess AG intends to invest 50 million euros in relocating production of rubber chemicals from Thane, in the Indian state of Maharastra, to Jhagadia, in Gujarat.
2008-01-20 Goodyear cited for safety violations
Goodyear Tire & Rubber Co. has been penalized a proposed $52,000 in fines by the U.S. Department of Labor’s Occupational Safety and Health Administration for five safety violations discovered during an inspection of the company’s manufacturing facility.
2008-01-18 Eagle F1 Asymmetric Wins Tire Rack Test
Tire Rack testing showed that Goodyear’s new Eagle F1 Asymmetric bested three competitive tires in the tire and wheel seller’s “max performance” category.
2008-01-18 Pirelli Reaches Back for New Line
Pirelli Tyre is bringing back a familiar name, and putting 100 million euros behind it.
2008-01-18 European, U.S. Tyre Sales Reveal Mixed Results
Sales of summer passenger car tyres throughout Europe in 2007 are said to have increased by 3% over 2006 figures, which in turn were a 2.5% increase over those recorded in 2005.
2008-01-17 Pirelli, Banks Get Closer to Tire Share Deal
Pirelli SpA remains serious about buying back the 39% stake in its global tire operations it sold off to a group of banks in 2006.
2008-01-17 Yokohama Signs Deal for Europe Test Track
Yokohama Rubber Co. has signed a lease deal with Spain’s IDIADA Automotive Technology SA that will give the tiremaker access to IDIADA’s new test track.
2008-01-17 Bridgestone Motorsport Jerez Test Summary
The Jerez race circuit in Spain was the location for Bridgestone Motorsport to begin its three-year tenure as Official Tyre Supplier to the FIA Formula One World Championship as nine of Formula One's eleven teams attended the first test of 2008 on January 14-16.
2008-01-16 Michelin to Double Capacity at Romanian Plant
Production capacity at Michelin’s Victoria Floresti factory in Romania will reportedly double over a two-year period to eight million units.
2008-01-16 Apollo to Build in Hungary, Eyes Europe and N.A. Markets
Apollo officials said they have been evaluating various options for a European manufacturing hub to service the European and North American markets.
2008-01-16 Cheap Biofuel From Tyres
General Motors Corp. is planning to produce biofuel from garbage at a cost of less than a dollar a gallon.
2008-01-16 Lanxess Releases New Tyre Additive
Specialty chemicals group Lanxess has developed a new high-performance rubber additive.
2008-01-16 Chinese Car Makers Have Plans For U.S. Market
There are five Chinese car manufacturers exhibiting at the Detroit auto show – five times as many as at last year's event – and they have plans to sell their products in the U.S. market.
2008-01-16 South Korean Manufacturer Signs OE Deal
Hankook Tire Co. signed a deal to supply OE tires for the new Volkswagen Tiguan SUV.
2008-01-15 Apollo Unveils First Winter Tyres
At Auto Expo 2008 in New Delhi, India, Onkar S. Kanwar, chairman and managing director of Apollo Tyres, unveiled the company’s first winter tyres – Acelere Ice and Hawkz Ice – meant for passenger vehicles and 4x4s, making Apollo the first Indian tyre company to manufacture winter tires.
2008-01-15 Michelin Sets Theme for 2009 Challenge Design
Michelin has announced the 2009 theme for its global vehicle design competition, Michelin Challenge Design, asking entrants to explore the future of transportation and share their brave and bold vision for “America's Next Iconic Vehicle.”
2008-01-14 Bridgestone Designs Tire for Hummer HX Concept
Bridgestone/Firestone North American Tire, in cooperation with General Motors, has designed a Dueler concept tire for the Hummer HX concept sport utility truck, introduced by GM at the 2008 North American International Auto Show.
2008-01-14 ECI Raises ‘Full house’ Sign As Tyrexpo Africa '08 Sells Out
The ‘full house’ signs went up at Tyrexpo Africa ’08 this week as organizers of the international tyre and equipment show found room for a clutch of final exhibitors for the March 4-6 event in Johannesburg’s Sandton Convention Centre.
2008-01-14 Marangoni Aims to Take Tuning Market by Storm
Marangoni has announced major sponsorship deals with Santa Pod Raceway at Autosport International 2008.
2008-01-14 MRF Likely OE Partner for World’s Cheapest Car
The Ninth Auto Expo in New Delhi was selected as the venue for the January 10 launch of the world’s cheapest car, India’s Tata Nano.
2008-01-14 Conti Renews Uniroyal UK Distribution Agreement
The partnership established in 2000 between Continental Tyre Group and Uniroyal Truck Tyres UK, granting exclusive rights to distribute Uniroyal brand truck tyres throughout the UK & Ireland, has been extended for a further five years.
2008-01-14 Tyre Recycling Faces a Reptilian Delay
The businessman behind plans for a tyre recycling facility in the Barrow docks area is hoping to begin set up work on the project by February despite a last-minute environmental hurdle.
2008-01-14 PCL Joins TyreSafe
Pneumatics Components Ltd. has pledged support for campaign group TyreSafe as part of its drive to promote tyre safety amongst consumers.
2008-01-14 Toyo unveils new sizes for race tire
Toyo Tire U.S.A. Corp. has rolled out two new sizes for its Proxes R888 R-compound tire to fit the Lotus Exige and Elise.
2008-01-14 Dunlop Control Tyre for New UK GT Cup Series
The organizers of the new GT Cup racing series have chosen Dunlop Motorsport as the sole tyre supplier to the inaugural series.
2008-01-13 Kumho gets first major OE supply contract with…
Kumho Tire U.S.A. Inc. will ship some 400,000 tires to Chrysler LLC as part of its first major original equipment contract in North America. The company made the announcement at the Kumho Dealer Meeting in Rio Grande, Puerto Rico.
2008-01-11 Waste Protocols Project was set in UK
The Waste Protocols Project is a joint Environment Agency and WRAP (Waste & Resources Action Programme) initiative funded by the Department for Environment, Food and Rural Affairs (Defra), Business Resource Efficiency and Waste (BREW) Programme.
2008-01-11 Investment Fund Secures 5.5% Stake in Goodyear
According to a filing lodged with the Securities and Exchange Commission in the US on January 8, the share in Goodyear Tire & Rubber held by New York-based hedge fund TPG-Axon Capital Management LP now stands at 5.5%.
2008-01-11 Lionax Reaches DPS Development ‘Milestone’
Lionax, the first Chinese company listed on the Euronext pan-European stock exchange, announced on Jan. 7 that it has reached a “key milestone” in its quest to develop the industry's leading next generation Digital Pressure Sensor (DPS), a critical component in TPMS systems in terms of both function and cost.
2008-01-11 Yokohama Tires to Play Part in ‘Speed Racer’
Yokohama Rubber Co., Ltd., announced that it has concluded a product placement agreement for the latest Hollywood film by the Wachowski brothers - Speed Racer, scheduled for release in major international markets in May and in Japan in July.
2008-01-11 Conti to Build New Automotive Plant in India
Continental AG is looking to boost its India operations and broaden the range of products it offers to customers in the region following its recent buyout of Siemens’ VDO unit.
2008-01-11 Bridgestone OE for 2008 Highlander
Bridgestone-brand Dueler H/L 400 tires are original equipment for Toyota’s all-new, next-generation Highlander SUV.
2008-01-11 Automechanika Thailand Set for March 2008
Automechanika Thailand, the leading international trade fair for the automotive parts, components and aftermarket industry in Thailand, is scheduled for March 6–9, 2008 at the IMPACT Exhibition and Convention Centre, Bangkok.
2008-01-11 Toyo Releases Findings of Compliance Reporting Investigation
On Jan. 8 Toyo Tire & Rubber issued its findings from an internal investigation into the company's urethane-based heat-resistant building construction material business, and announced an action plan to ensure future compliance with all laws, regulations, company policies and rules.
2008-01-11 Cooper to sponsor bull riding series
Cooper has been named the official tire of the Professional Bull Riders Inc.'s 2009 Ford Built Tough Series.
2008-01-10 ContiSportContact 3 high-tech tyres combines safety with design excellence
Hanover, November 2007. The Design Center Stuttgart has bestowed one of its most prestigious awards to the ContiSportContact 3. The jury was won over by the combination of high-tech and safety features, and excellent design. After being whittled down to 62 finalists from a total of 206 entrants, the sports tyre finally received the silver medal.
2008-01-10 Apollo Tyres to Double Radial CV Tyre Production
Apollo Tyres has announced it is planning to double commercial vehicle (CV) tyre production capacity at its Vadodara plant.
2008-01-10 Laugfs to Enter Pneumatic Tyre Market - Reports
2008-01-10 Sealant, TPMS to be Marketed Together
TPMS-maker Advantage PressurePro and Inovex Industries, manufacturer of Ride-On Tire Sealant, have joined forces to co-market their products.
2008-01-09 Continental to Relaunch ContiNetwork
When Tyres & Accessories recently attended Continental's annual media briefing, we expected to hear details of the previous year's market statistics and product trends.
2008-01-09 Discount Tire, Enkei Team on Formula D Wheel
Enkei International has partnered with Discount Tire to offer the Enkei FD-05, named the official wheel of the Formula Drift series.
2008-01-09 Pirelli Now Producing Full Line-up in China
Currently nine of the world's 10 largest tyre manufacturers have their own production bases in China.
2008-01-08 Alarming Results From NTDA Driver Survey
The NTDA has called on small business car users to take a more responsible attitude to tyre maintenance after results of a survey issued this week showed that over 70% of vehicles in this sector were running on cars with tyre problems.
2008-01-08 Conti Sets April Price Hike
Continental Tire North America is raising prices on all of its branded and private brand passenger and light truck/SUV tires up to an average of 7%, effective Apr. 1.
2008-01-08 BFNAT Invests in Bloomington Plant
Bridgestone/Firestone North American Tire is making a significant financial investment in its Bloomington, Ill., Off Road Tire plant that will allow the plant to produce new off road tire sizes and double the facility’s giant loader tire curing capacity.
2008-01-07 Goodyear Hiking Prices
Goodyear Tire & Rubber Co. has informed its dealers that it is raising prices on all of its passenger and light truck/SUV tires by up to 7%.
2008-01-07 Winter Driving School Hits the Big 25
The Bridgestone Winter Driving School, located in Steamboat Springs, Colo., is celebrating its 25th anniversary this year.
2008-01-07 Optimism Returning to the Market
“It was fantastic to see optimism returning to the agricultural tyre market in 2007. Despite all the problems that farmers faced last year, the better wheat and milk prices seem to have steadied the ship,” comments Barry Coleman, Firestone’s marketing manager.
2008-01-07 Hercules to Launch 3 New SUV Lines
Hercules Tire International president Joe Recchia has announced that the Canada-based company will use its Tyrexpo Africa exhibit to introduce three new SUV lines.
2008-01-04 TireLogic Goes Digital
Goodyear has taken its TireLogic truck industry customer magazine to the digital world.
2008-01-04 MNA Announces Price Increases
Fast-rising raw material, energy and transportation costs have pushed Michelin to announce price hikes in North America and Japan.
2008-01-04 Goodyear Puts Wings on New GPS System
Goodyear has licensed its name to appear on a series of NCC-produced GPS navigation systems.
2008-01-04 WRX STI on Dunlop Performance Tires
The 2008 Subaru Impreza WRX STI sold in North America will sport Dunlop SP Sport 600 radials.
2008-01-04 Continental to build brake test site in Hungary
According to the daily Napi Gazdaság, Germany’s car parts maker Continental AG will build a testing grounds for electronic braking systems (EBS) and their components in Hungary, near city Veszprém, through an investment of billions of forints.
2008-01-03 Yokohama Shods New Mitsu Evo
Yokohama A13C tires are standard equipment on the new 2008 Mitsubishi Lancer Evolution, introduced during the recent Greater Los Angeles Auto Show.
2008-01-03 New Winter Tire Test Videos Available
Transport Canada, the Automobile Protection Agency (APA) and the Rubber Association of Canada co-created a video series to demonstrate how winter tires improve winter driving safety.
2008-01-02 Continental Opens 100th Dealership in China
Continental Tire opened its 100th dealership in China in mid-December.
2008-01-02 OTR Shortage Leads to 300% Price Hike in Two Years
Those buying OTR tyres in the Middle East are likely to encounter further price hikes of 20% to 30%.
2008-01-02 ASA Issues Updated TireMaster
ASA Tire Systems has released version 7.5.0 of its TireMaster software.
2008-01-02 New WRC Tyre Specifications in 2008
As Pirelli begins its role as single supplier WRC for the next three years, beginning with the 2008 season, the Italian manufacturer has announced the following rule changes the FIA has made affecting tyres.
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